Teachable is the platform for you if you are an entrepreneur or content creator looking for a way to transform knowledge into earnings.
Teachable is a learning management system (LMS) based by Angkur Nagpal as a side project. It was previously called Fedora. Nagpal, a course builder himself, decided to create his online learning platform with characteristics that he envisioned his courses and students would like after getting frustrated over the lack of direct access to students some platforms needed.
In 2020, sources state that Hotsmart obtained Teachable for approximately $250M.
Before you go on, you may want to watch this video by Robert C. Brown on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review.
In A Nutshell Teachable Vs Coursecraft
Teachable allows one to make and sell online courses and coaching with videos, quizzes, and lectures. It has a simple and intuitive interface which makes it an outstanding platform for beginners. It deals with your sales monitoring, payment collections, and affiliates commissions. Thus, you don’t have to have a virtual assistant or team member to do it. Instead, you can concentrate more on course construction.
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Who Uses Teachable?
We can’t deny that online learning is a fast and booming industry. And we would like to take a slice from the ever-growing demand.
It’s ideal for entrepreneurs, founders, and small business owners that wish to make online courses to a potentially profitable business. Teachable is utilized by individuals like Pat Flynn of Smart Passive Income to sell their courses to students.
You also have enterprises like The New York Times, Shopify, and Penn Law.
As of this moment, more than 100,000 creators sold over $1 billion in classes and coaching for students all over the world.
Here are some of the features I liked in Teachable:
Ease of Use
Teachable’s best feature is being less of a tech hassle and more of being your partner-in-arms to a business.
As mentioned previously, Teachable prides itself on its ease of use. Going around and operating the program will be found easy by tech novices.
The dashboard is the first thing a user would see after registering on the website. There you will see headers like users, sites, sales, emails, and classes. It is pretty straightforward. Uploading files, reviewing analytics, issuing refunds, and communicating with students becomes a lot easier for the user.
Customization
You can incorporate as many tools as you need as Teachable’s list of partners is fairly extensive. You will also find that it is easy to create multimedia lectures, videos, homepage, and landing pages using their power editor.
Users can select to create an attractive landing page with Teachable’s large choice of themes for your online course site. All you’ve got to do is upload the logos, text, images and choose color schemes to fit your business’ branding.
If you’re an advanced user, you have the option of inserting custom CSS or HTML to the Code Snippets Area.
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Marketing, Student Tracking Tools, and Analytics Capabilities
It has all of the necessary and essential sales tracking and analytics tools that you’d need while trying to analyze your path sales. You can see how well your courses have performed in specific phases.
For higher plans, you get access to advanced sales features like one-click upsells and bundles. With this, you can provide your students discounts should they choose to obtain another course. It’s a fantastic means of increasing conversions.
When it comes to student monitoring, you can check student enrollment and engagement. You will receive reports on how your students interact with your courses, their completion rates, and where the students get stuck.
Teachable deals with tech and promotion for you so you do not need to worry about monitoring student and sales insights with their comprehensive dashboards.
Completion Certificates
You would need a Pro or Business Plan to get this feature. The course will award the certificates upon completion (Admin > Courses > Course > Certificates). There are templates available. Teachable will automatically insert your school name, student’s name, and name of the program. You may change aspects of your certificate like logo, color scheme, and pre-set images. But, you may also create one yourself using the block editor (rich text and Liquid/HTML blocks).
Payment Options
Teachable comes with its own refundable payment processing via Teachable Payments. With this, you don’t have to find a 3rd party for payment processing.
You can choose your payment currency from a wide assortment of choices. You may also create coupons and discount codes for students and affiliate codes. Teachable will manage affiliate payouts automatically.
Teachable has options like Stripe and PayPal and advanced payment options like Visa and Mastercard.
Your students can pay by credit card, debit card, PayPal, Apple Pay, and Google Pay. You also have the choice of charging your classes as one-time purchases, monthly payments, or as a subscription.
Customer Support
The service is responsive. It has a comprehensive knowledge library with online lessons and lives webinars for common questions you may ask as you begin creating your first class. You can create a ticket if you have any additional queries. Usually, you will hear back from support within one day. Professional Teachable customers have access to live chat support.
What Plans can I avail?
Teachable allows customers to choose among three options: Basic, Pro, and company.
While Teachable does not have a free version, it will offer a 14-day free trial for people who want to dip their toes first and check out its features before committing.
All plans include unlimited video, courses, and hosting. It also has integrated payment processing, pupil management, lecture comments, basic quizzes, no fees on free courses, and VAT (value-added tax) for the EU.
Basic ($39/month or $29/month if annual billing is chosen)
Each of the base features include unlimited students, class product, training product, a members-only community, automated sign-ups, and two admin-level users. You’ll have to pay the monthly fee together with a 5% transaction fee on this plan.
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Pro ($119/month or $99/month if yearly billing is selected)
Including all base features plus priority product support, advanced reports, five admin-level users, an unbranded site, and completion course certificates, among others–no transaction fees.
Business ($299/month or $249/month if yearly billing is chosen)
This includes everything in Pro plus 20-admin level users, bulk student enrollments, manual student imports, custom user roles, innovative theme customization, and group coaching calls. Teachable Vs Coursecraft
Here are some things I do not like about Teachable now that I’ve talked about what I liked about it:
- No free plans.
- Teachable does not have a totally free plan. However, it does offer a 14-day trial.
- 5% transaction fees
- There is a 5% transaction fee for those who opt for the Basic plan.
- No phone support.
- There’s no phone number to contact for inquiries.
Why should you attempt it?
I am not the most tech-savvy person out there. Far from it, actually. I have had many a day being the most confused about the crowd. But with Teachable, I found it reasonably simple. It does take a while to explore the website, its features, and test stuff out. Comparable to a duck testing the waters .
You can teach the way you want to know by utilizing customization tools to personalize your content. Teachable Vs Coursecraft
You don’t need to think about marketing. All you’ve got to worry about is creating the content that you wish to sell since Teachable has built-in features to take care of taxes, payouts, affiliates, and authors.
To Sum It Up
For complete beginners and busy entrepreneurs who want to concentrate more on course production than the business’s technology and marketing aspect, Teachable is an approachable platform.
You can create your online course on any topic you love, and Teachable helps you turn that into a business. Why not start today?
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Frequently Asked Questions: Teachable Vs Coursecraft
What’s Teachable?
Teachable is an online learning platform which helps users make and market their courses.
Can I use Teachable at No Cost?
There’s a 14-day free trial for the Pro Plan. You will automatically be entered into a Professional plan trial when you click on the “Get Started” button and register. You don’t need a credit card because of this. There is no free trial for Basic and Business Plans. You can add up to ten students to complete courses.
How can Teachable payments work?
Teachable uses Stripe express to process credit/debit card transactions in addition to PayPal payments. Owners may receive payouts directly to their own banks dependent on the payment scheme set from the primary school owner. It can be carried out in the Settings > Payments section of the school admin. Payouts can be set daily (on a 2-day company rolling period), weekly (every Thursday), or monthly (every 30 days on the first business day of the month).
How much does Teachable cost?
The Basic plan costs $39/month or $29/month if yearly billing is chosen. But, lots of individuals opt for Teachable’s popular Pro Plan at $119/month or $99/month if annual billing is set. It has more features that fit most of what their company needs.
The Business Plan also costs $299/month or $249/month if annual billing is chosen. This would be a better fit for large organizations where multiple instructors are needed to upload course materials.
Can Teachable charge any processing fees?
Yes. For any sale made via a credit card, debit card, and US Paypal account, it costs 2.9% plus 30 cents. International cards are billed 3.9% and 30c. International PayPal gets billed 4.4% and 30 cents.